Charles Schwab Branch
3,619 SF | 100% Leased | Retail Building | Saint Petersburg, FL 33710 | $3,250,000 ($898/SF) | 4.43% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,250,000
- Property Type
-
Retail
- Square Feet
- 3,619 SF
- Price / Square Foot
- $898
Listing Contacts
Michael Marini
Verified Profile
- Property Info
Property Overview
Prime NNN Investment in the Tyrone Mall submarket of St Petersburg, Fla. Rare opportunity to own a Class A Bank building occupied by Charles Schwab. This is an Absolute NNN investment with NO landlord responsibility whatsoever. The “Schwab” building is located at 6700 22nd Ave N in St Petersburg, 3,619 SF and was originally constructed as a bank with 3 drive thrus. Charles Schwab has a lease until Feb. 1st, 2026. The Tyrone submarket is a high barrier of entry submarket with very little inventory for sale or lease and this building is in pristine condition. The site is directly across from Tyrone Square Mall and Dick's Sporting Goods. Other big box retail centers in the immediate area include Crosswinds Shopping Center, Market Place Shopping Center & Shoppes at Royale. Next door to the site is the former Silverburg Diamond Building that has been transformed to retail after being completely renovated. There are over 250,000 + residents within a 5-mile radius. The "Schwab” building is 3,619 SF and has always been operated by a national bank or a brokerage house and impeccably maintained by their maintenance departments. The lot size is .92 acre and is Zoned CG. There are 43 parking spaces, a large grandfathered in pylon sign and full ingress/egress with 175’ ft of frontage on 22nd Ave N. with excellent visibility from both directions. The space includes a front desk, a waiting area, a glassed in conference room, 7 private offices and a break room. Perfect investment property for an absentee owner as Landlord has no responsibilities.
Property Details
- Class
- C
- Year Built
- 1981
- Stories
- 1
- Property Subtype
- Bank, Freestanding, Storefront Retail/Office
- Lot Size (sq. ft)
- 40,075 SF
Highlights
- Absolute Perfect Condition Inside & Out
- 175' frontage on 22nd Ave N directly across the street from Tyrone Mall
- Huge Pylon sign grandfathered in
- 43 Parking Spaces
- Beautiful "Glassed in" offices & Conference Room
- Lush Landscaping
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].